TTHG (Titanium Holdings Group) Receivables Turnover: 6.21 (As of Sep. 2002)


What is Titanium Holdings Group Receivables Turnover?

Titanium Holdings Group TTHG Receivables Turnover is 6.21 as of Sep. 2002.

The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. Titanium Holdings Group's Revenue for the three months ended in Sep. 2002 was $1.08 Mil. Titanium Holdings Group's average Accounts Receivable for the three months ended in Sep. 2002 was $0.17 Mil. Hence, Titanium Holdings Group's Receivables Turnover for the three months ended in Sep. 2002 was 6.21.

Titanium Holdings Group  (OTCPK:TTHG) Receivables Turnover Explanation

An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.

Titanium Holdings Group Receivables Turnover Related Terms

Titanium Holdings Group Receivables Turnover Historical Data

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The historical data trend for Titanium Holdings Group's Receivables Turnover can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Titanium Holdings Group Receivables Turnover Chart

Titanium Holdings Group Annual Data
Trend Dec99 Dec00 Dec01
Receivables Turnover
0.00 6.79 9.52

Titanium Holdings Group Quarterly Data
Dec99 Mar00 Jun00 Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.51 5.28 5.28 4.71 6.21

TTHG vs MTLK, VBVT, FWLAF: Receivables Turnover Comparison

For the Conglomerates subindustry, Titanium Holdings Group's Receivables Turnover, along with its competitors' market caps and Receivables Turnover data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Titanium Holdings Group Receivables Turnover vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Titanium Holdings Group's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Titanium Holdings Group's Receivables Turnover falls into.


Titanium Holdings Group Receivables Turnover Calculation

Receivables Turnover measures the number of times a company collects its average accounts receivable balance.

Titanium Holdings Group's Receivables Turnover for the fiscal year that ended in Dec. 2001 is calculated as

Receivables Turnover (A: Dec. 2001 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2001 ) / ((Accounts Receivable (A: Dec. 2000 ) + Accounts Receivable (A: Dec. 2001 )) / count )
=4.518 / ((0.745 + 0.204) / 2 )
=4.518 / 0.4745
=9.52

Titanium Holdings Group's Receivables Turnover for the quarter that ended in Sep. 2002 is calculated as

Receivables Turnover (Q: Sep. 2002 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Sep. 2002 ) / ((Accounts Receivable (Q: Jun. 2002 ) + Accounts Receivable (Q: Sep. 2002 )) / count )
=1.075 / ((0.192 + 0.154) / 2 )
=1.075 / 0.173
=6.21

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Receivables Turnover →
What does a Receivables Turnover of 6.21 mean?
Titanium Holdings Group (TTHG) has a Receivables Turnover of 6.21 as of Sep. 2002. The accounts receivables turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by Average Accounts Receivable. View historical data on Titanium Holdings Group and its competitors.
Is Titanium Holdings Group's Receivables Turnover too high?
Titanium Holdings Group's current Receivables Turnover is 6.21. The Conglomerates industry median Receivables Turnover is 6.31. Titanium Holdings Group's value of 6.21 is 1.6% below this industry median.
How does Titanium Holdings Group's Receivables Turnover compare to MTLK and VBVT?
Titanium Holdings Group's Receivables Turnover of 6.21 can be compared against companies in the Conglomerates industry. The industry median Receivables Turnover is 6.31. Titanium Holdings Group's value of 6.21 is 1.6% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for a Conglomerates company?
The median Receivables Turnover among Conglomerates companies is 6.31, based on 542 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Titanium Holdings Group's current Receivables Turnover of 6.21 is 1.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts receivables turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by Average Accounts Receivable. View historical data on Titanium Holdings Group and its competitors. For the Conglomerates industry, the median Receivables Turnover is 6.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Titanium Holdings Group's current Receivables Turnover is 6.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Titanium Holdings Group stock overvalued right now?
Titanium Holdings Group (TTHG) has a current Receivables Turnover of 6.21. The current Receivables Turnover is 6.21 and 1.6% below the Conglomerates industry median of 6.31. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For Titanium Holdings Group (TTHG), the current Receivables Turnover is 6.21 as of Sep. 2002. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Titanium Holdings Group Business Description

Address 1023 Morales Street, San Antonio, TX, USA, 78207
Titanium Holdings Group Inc along with its subsidiary, is engaged in manufacturing and the wholesale distribution of sanitary maintenance supplies and paper products. The group recognizes revenue when products are shipped.